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Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2022/92 dt. 30-06-2022

Disclosure of holding of specified securities and Holding of specified securities in dematerialized form

1. Regulation 31 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), deals with the disclosure of shareholding pattern and manner of maintaining shareholding in dematerialized format.

2. Accordingly, SEBI vide Circular No. CIR/CFD/CMD/13/2015 dt. 30-11-2015 (as amended) (the Circular), prescribed formats for disclosure of holding of specified securities and shareholding pattern under Annexure-I to the Circular.

3. In the interest of providing further clarity and transparency in the disclosure of shareholding pattern to the investors in the securities market, the Circular is being partially modified as under :

(a) Clause 2(d) of the Circular has been amended as under :

(i) In the disclosure of public shareholding, names of the shareholders holding 1% or more than 1% of shares of the listed entity is to be disclosed.

(ii) Names of the shareholders who are persons acting in concert, if available, shall be disclosed separately.

(b) The following formats specified in Clause 5 of the Circular have been modified :

(i) Table III - Statement showing shareholding pattern of the Public shareholder.

(ii) Table IV - Statement showing shareholding pattern of the Non Promoter - Non Public shareholder.

The revised formats of the aforementioned Table III and Table IV are placed at Annexure A.

(c) It is also specified that all listed entities shall disclose details pertaining to foreign ownership limits in the format prescribed at Annexure B to this circular.

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